Xbox is cooked. Why your next gaming console will be a PC

PCWorld observes that Xbox appears to be losing ground as gaming shifts toward PC-based living room experiences, with handheld PCs and cloud streaming leading this transformation. Valve's Steam Deck shows 20% of users dock their devices for TV gaming, while rumors suggest Microsoft's next Xbox may actually run Windows rather than proprietary console hardware. This shift matters because it offers superior gaming experiences through services like GeForce Now on smart TVs and versatile handheld PCs that double as home consoles. While wandering the show floor at CES 2026, I was struck by the future of living room gaming. What was once the realm of gaming consoles seems to be turning into PC territory.